With rapid technological advancements, financial advisors now have access to a wide variety of software options to make different parts the financial planning process easier and faster. However, it can be difficult to determine which software to adopt and which tech you're better off skipping. For any financial planning firm with a focus on retirement the best place to start is with a solid retirement income planning platform.
"Technology should be a fundamental part of your financial planning practice. Using a good retirement income planning software can help you adopt processes that allow you to serve your clients better and more efficiently. It can save you a great deal of time, help you wow clients to boost referrals, and allow you focus on strategies that add meaningful value to your clients’ financial plans."
Read this Perspectives Magazine article by Covisum Founder and President, Joe Elsasser, CFP® to learn more about what you should consider before adding to your tech stack.